Credit union

Credit union,

Definition of Credit union:

  1. A non-profit union whose members can borrow at low interest rates.

  2. A credit union is a type of financial union that provides traditional banking services. From small volunteer work to large corporations with thousands of participants across the country, credit unions can incorporate large corporations, organizations, and other businesses for their businesses and members.

  3. Financial cooperatives are formed by and through partners who are depositors, lenders and shareholders. Nonprofit credit unions offer a number of banking services, such as: B. Loans to consumers and businesses (usually below market rates) and term deposits (usually with low interest rates). Market interest rates), credit cards and guarantees. Credit unions generally pay lower taxes than those charged by commercial banks and other financial institutions. Its members often share common bonds, such as jobs in the same company or residences in the same community. Credit unions are a kind of interrelationship.

  4. Credit institutions are established, owned and managed by participants. As such, they are tax-exempt non-profit corporations.

Synonyms of Credit union

Union, Rochdale cooperative, Bank credit, Confederacy, Consumer cooperative, Credit insurance, Borrowing power, Combination, Coalition, Ring, Axis, Common market, College, Tax credit, Society, Confederation, Line of credit, Partnership, Bloc, Bund, Council, Never-never, Bank, Credit, Association, Installment credit, Hock shop, Pawnshop, Free trade area, Alliance, Combine, Consumer credit, Assemblage, Gang, Book credit, Customs union, Group, Economic community, Credit rating, Investment credit, Finance corporation, Lending institution, Trust, Federation, Grouping, Tick, Pawnbrokery, Pawnbroker, Cash credit, Corps, Mob, Band, Cooperative society, Mortgage company, Cooperative, Rating, Commercial credit, Hire purchase plan, Political machine, League, Machine, Installment plan, Body, Finance company

How to use Credit union in a sentence?

  1. However, credit unions have far fewer physical locations than most banks, which can hurt consumers who prefer personalized services.
  2. After years of using the bank, Kane found a credit union, fed up with all the hidden fees.
  3. Getting a credit card with interest rates from your credit union can also be helpful.
  4. Credit unions are exempt from corporate tax on their income.
  5. The best credit union is the Egeland Land Credit Union, as it is the best way to manage your money and you can always count on a smile when entering your business.
  6. Because of the personalized service and cheap equipment, teachers prefer to use their credit union rather than one of the big banks.
  7. Credit unions have fewer options than traditional banks, but they give their customers better interest rates and access to more ATMs because they are not traded publicly and only need to make that much money. ۔ Money for continuing daily activities.

Meaning of Credit union & Credit union Definition

Credit Union,

How Do You Define Credit Union?

Credit Union means, A credit union is a type of financial union that provides traditional banking services. Credit unions include thousands of participants across the country, from small volunteer organizations to large corporations, and can include large corporations, organizations, and other organizations for their employees and colleagues.

  • Credit unions are financial unions that offer traditional banking services to their members.
  • Credit unions have fewer options than traditional banks, but they provide their customers with better interest rates and access to more ATMs, as they do not have to do business in public and allow them to continue their daily activities. All you need to do is make money.
  • However, credit unions have far fewer physical locations than most banks, which can hurt consumers who prefer personalized services.
  • Credit unions are exempt from corporate tax on their income.

A non-profit financial institution that offers many products and services like banks. These services include checking and savings accounts, deposit documents, mortgages and auto loans. Membership in credit unions is sometimes limited to members of specific groups, for example. Employees of a company or employees of an industry, for example. B. Teachers' Union. However, many credit unions have softened their membership requirements over the years, and many may be eligible to join a credit union, depending on their location.

Literal Meanings of Credit Union


Meanings of Credit:
  1. The ability to service goods or services in advance is based on the confidence that payment will be made in the future.

  2. Public praise or appreciation, usually given or received when someone is responsible for an action or idea or becomes clear.

  3. Confirmation that the student has completed a course or activity that counts for the declared diploma or diploma in the school records

  4. Publicly acknowledge that anyone is involved in its production (anything to be published or broadcast).

Sentences of Credit
  1. The column must be included on each page and the total cost is equal to the total credit

  2. The president claims to have acknowledged all the achievements

Synonyms of Credit

reliability, set down, recognition, commendation, solvency, give credence to, approbation, accredit, veneration, put down, count on, depend on, rely on, acclaim, financial standing, attribute, adulation, credibility, kudos, acknowledgement, merit, believability


Meanings of Union:
  1. The process of joining or joining, especially in a political context.

  2. An association, association or association is made up of people who have similar interests or goals

  3. Multiple communities come together to make laws about the poor.

  4. A political entity made up of several states or provinces with a single political government.

  5. A set that contains one or more specific sets containing all the elements (and nothing else).

  6. Pipe installation.

  7. That part of the flag with the sign is a symbol of national unity and usually occupies the front upper corner of the stick.

  8. Fabrics are made of two or more different yarns, usually cotton and linen or silk.

  9. College or university buildings that students use for recreation and other non-university activities.

  10. The industrial and residential community in Northeast New Jersey with a total population of 53,673 (established in 2008).

Sentences of Union
  1. Rejects a political or economic entity close to Europe

  2. Student Union Members

  3. In addition, the new law established a commission to oversee the establishment of parish unions in England and Wales.

  4. Next, we will apply the results to the domain centers of curve transitions or line segments.

  5. The vertical gas line ends at the T-junction below the connection to the bottom of the water heater and is connected to the upper vertical opening of the T-connection.

  6. But the view of his London Bridge practice room at Canterbury Christchurch University College could not be further from the student union.

Synonyms of Union

join, consolidation, uniting, combining, juncture, commingling, coupling, blend, weld, fusion, guild, bond, unification, fusing, integration, mixture, joint, junction, intersection, merger, joining, mingling, link, conjunction, connection

Credit Union,

Credit Union Meanings:

  1. Financial institutions, like banks, whose members develop low-interest borrowing resources.

Literal Meanings of Credit Union


Synonyms of Credit

have faith in, regard, accept, hat tip, financial status, have confidence in, esteem, assign, plausibility, respect, chalk up, approval, ascribe, praise, impute, believe, glory, admiration, tributes


Synonyms of Union

blending, synthesis, seam, amalgamation, amalgamating, merging